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Johnson & Johnson applied for an emergency use authorization from the Food and Drug Administration for its coronavirus vaccine after releasing data last week showing it was about 66% effective in protecting against the virus.

If J&J’s application is approved, it would be the third Covid-19 vaccine authorized for emergency use in the U.S. behind vaccines developed by Pfizer-BioNTech and Moderna. Pfizer’s vaccine was authorized by the FDA on Dec. 11, and Moderna’s was authorized a week later.

U.S. officials and Wall Street analysts are eagerly anticipating the authorization of J&J’s vaccine, which could happen as early as this month. President Joe Biden is trying to pick up the pace of vaccinations in the U.S. and experts say his administration will need an array of drugs and vaccines to defeat the virus, which has killed more than 450,000 Americans over the last year.

Unlike Pfizer’s and Moderna’s vaccines, which require two doses given about three to four weeks apart, J&J’s vaccine only requires one dose, easing logistics for health-care providers.

J&J said on Jan. 29 that its vaccine was 66% effective overall in protecting against Covid-19. The vaccine, however, appeared to be less potent against other variants. The level of protection was just 57% in South Africa, where a new, highly contagious strain called B.1.351 is rapidly spreading. South Carolina officials detected the first-known U.S. case of that strain last month.

Infectious disease experts point out that J&J’s numbers can’t be used as a direct comparison to Pfizer’s and Moderna’s vaccines, which were found to be 95% and 94% effective, respectively. That’s because J&J’s vaccine is a single dose and the company’s trial was conducted when there were more infections and new, more contagious variants, they said.

Dr. Anthony Fauci, the nation’s leading infectious disease expert, said the most important finding of the J&J data was the vaccine appeared to be 85% effective in preventing severe disease.

“The most important thing, more important than whether you prevent someone from getting aches and a sore throat, is preventing people” from getting severe disease, the director of the National Institute of Allergy and Infectious Diseases said on a call with reporters on Jan. 29. “That will alleviate so much of the stress and human suffering and death in this epidemic.”

The FDA has indicated it would authorize a vaccine that’s safe and at least 50% effective. The flu vaccine, by comparison, generally reduces people’s risk of getting influenza by 40% to 60% compared with people who aren’t inoculated, according to the Centers for Disease Control and Prevention.

J&J has said it plans to ship the vaccine at 36 to 46 degrees Fahrenheit. By comparison, Pfizer’s vaccine needs to be stored in ultra cold freezers that keep it between negative 112 and negative 76 degrees Fahrenheit. Moderna’s vaccine needs to be shipped at between negative 13 and 5 degrees Fahrenheit.

The Department of Health and Human Services announced in August that it reached a deal with Janssen, J&J’s pharmaceutical subsidiary, worth approximately $1 billion for 100 million doses of its vaccine. The deal gives the federal government the option to order an additional 200 million doses, according to the announcement.

This is a developing story. Please check back for updates.

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